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Philips reaches US sleep apnea apparatus deal for €1 billion
Medical equipment maker Philips has reached a $1.1 billion out-of-court settlement in the US to pay claims related to its sleep apnea apparatus. The payments will go to patients who said they had been made ill by using the equipment or that they may face health problems in future. Philips made details of the agreement public on Monday, at the presentation of its first quarter figures. “Philips and Philips Respironics do not admit any fault or liability, or that any injuries were caused
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Daimler And UAW Reach Deal, Averting 7,000 Member Strike
A major strike is on hold as the UAW and Daimler Truck reach a deal. CBS News reports: “The United Auto Workers union announced it reached a last-minute tentative agreement with truck and bus manufacturer Daimler Truck, averting a potential strike of more than 7,000 workers. The union struck a four-year agreement with the German company… Source
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Union representing striking AGO workers says tentative deal has been reached
A month after workers at the Art Gallery of Ontario (AGO) walked off the job, their union says a tentative deal has been reached with the gallery. In a message posted to X early Thursday, the Ontario Public Service Employees Union (OPSEU) said a tentative deal was reached after 16 hours of bargaining that went late into the night. More than 400 AGO employees represented by OPSEU/SEFPO Local 535 walked off the job on March 26 after members rejected the art gallery’s offer. The workers...